Urban Fold

Broadband Stimulus Grant Requests Flood In

The application period has opened for federal stimulus grants to fund broadband Internet access projects in underserved areas. The response has been overwhelming.

The government received more than 2,200 applications, totaling more than $28 billion.

"The avalanche of applications has eased concerns that there might not be much interest in the program, which is aimed at driving deployment of high-speed Internet access in underserved areas.

But the government has only $4 billion to dole out right now and just two weeks to decide which projects should be considered. The program, ordered by Congress, will eventually hand out $7.2 billion."

Full Story: Feds get $28B in requests for $7.2B to extend broadband

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